LIVE · UPDATED DAILY
REPORTED · NEWSPublished Dec 26, 2025

Ernst & Young Announces Layoffs Amid Restructuring Efforts

EMPLOYEES AFFECTED
300
SHARE OF WORKFORCE
~0.1%
EFFECTIVE DATE
Oct 1, 2023
300 OF 300,000 EMPLOYEES

What we know

Location: global.

Department affected: IT.

Based on news reporting.

Summary

Ernst & Young has announced layoffs affecting approximately 300 employees as part of a broader restructuring effort aimed at adapting to challenging market conditions. The decision comes amid a significant shift in the consulting landscape, with the firm facing increased competition and pressure to streamline operations. The layoffs are expected to impact various departments globally, although specific locations have not been disclosed. This move reflects the ongoing challenges within the Big Four consulting firms as they navigate economic uncertainties and evolving client demands.

Ernst & Young cut 300 jobs affecting its IT team as of October 1, 2023.

That is roughly 0.1% of the 300,000 people Ernst & Young employs.

LayoffTalk has tracked 14 layoff events at Ernst & Young since October 2023, affecting a combined 1,570 employees.

Comments (1)

Anonymous by default. Be kind — people reading this may be going through it right now.

LTLayoffTalk StaffStaff21 hours ago

Ernst & Young cut 300 jobs on October 1, 2023. Were you affected, or do you know people who were? How was it handled — severance, notice, which teams? You can post anonymously below.

SOURCE
News reporting
View original source ↗
E
Ernst & Young
Financials · 300,000 employees
14
EVENTS TRACKED
1,736
AFFECTED SINCE 2023
View company profile+ Get alerts for Ernst & Young

Affected by this?

Share your story anonymously — it helps others reading this feel less alone.

Share your story →
CREATED DEC 26, 2025LAST UPDATED APR 27, 2026